Financial Assistance Guidelines

FINANCIAL ASSISTANCE GUIDELINES

FOR AIMS MEMBER INSTITUTIONS

(Events: Physical/Hybrid/Online)

(Events: Physical/Hybrid/Online)

Introduction

AIMS has been providing part financial assistance to member institutions for taking up various activities. Accordingly, a policy framework for sanction of part financial assistance to member institutions for conducting various events has been laid-down with the idea of encouraging greater participation by member institutions in the activities of AIMS.

Types of Events eligible for Financial Assistance

Financial Assistance will be given by AIMS to its member institutions for conducting following types of workshops/seminars/FDPs/conferences, in Physical/Hybrid/Online modes:
  1. International level
  2. National level
  3. Regional level
  4. Faculty Development Programme
  5. Regional Round Table of Deans/Directors of Management Institutions (combined with Executive Board Meeting wherever feasible).
  6. Any other special activities like seminars/workshops, etc.

Submission of Proposals by Member Institutions

Taking into account the financial resources position of AIMS, the following assistance is provided as reimbursement of expenses:

Guidelines for submission of Proposals by Member Institutions:

(i) Institutions are required to submit the proposals at least one month in advance of the date of conduct of the Seminar/Workshop/FDP/Conference to enable the AIMS Secretariat to process and put up the RVP/President. The institutions are required to submit the following information to the AIMS Secretariat while seeking financial assistance.

a) Proposal giving details of topic and objectives of the event.
b) Target Group
c) Names of the Resource Persons
d) Programme Schedule
e) Budget indicating Income/Expenditure and shortfall, if any
f) Amount of assistance requested (within the prescribed limits)

(ii) After completion of the programme, the assisted member institution would be required to submit a two/three pages of write-up (word format only) within 10 days of the programme highlighting the issues discussed and suggestions/recommendations that emerged during the discussion along with two/three photographs for release of the financial assistance, information to the Board, uploading on AIMS website, and for inclusion in the Annual Report


(iii) In the case of Case Writing workshops, 5/6 cases should be submitted to the Secretariat by the host institution.

Criteria for Sanction of Financial Assistance by AIMS

  • A Member can be considered for financial assistance one year after joining AIMS membership.
  • Status and capability of the member institution to host the workshop/seminar/FDP would be a major criterion for sanction.
  • There should be a minimum gap of three calendar years between two programmes by the same institution for which grant of assistance is requested (except for Regional Conferences, Round Tables and Board Meetings).
  • International Conference should have the evidence of participation of representatives of atleast five/six countries: similarly, National Conference should have atleast five/six states of the country and Regional Conference that of atleast three/four states of the region.
  • In the case of International programmes, the conference should have a minimum of 10 paid delegates with three International resource persons.
  • Preference will be given to those institutions which are participating in ATMA.
  • In all the cases where financial assistance is provided by AIMS, the Regional Vice President should coordinate with the organizing institution and either the RVP or a member of the Executive Board of that Region should be invited to the event by the host institution.
  • The Regional Vice President/the Board Member, who attends the event, should endorse the report on the proceedings of the event submitted by the host before releasing the payment.
  • The AIMS logo and AIMS association should be appropriately displayed in the brochure, background banner, invitation, welcome flexi, etc.

REIMBURSEMENT OF EXPENSES (PART) FOR EACH TYPE OF EVENT

Types of Workshop/
Seminar/FDP/Conference
Duration in full days Physical Hybrid

(50%)
Online

(25%)
Criteria
(INR in Lakhs)
International Conference - One

in each Region
Two/Three
1.00
0.50
0.25
One year old members: 10 from
abroad with three Interbational
resource persons
Regional Conferences - Two
per Region
Two/Three
1.00
0.50
0.25
-
Executive Board Meeting Only
One
0.75
37,500
18,750
-
National level Workshops - Two
in each region
Two/Three
0.60
30,000
15,000
Six resource persons and
delegates from at least 5/6
states
FDPs/Workshops - Two in
each Chapter
Two/Three
0.40
20,000
15,000
-
Any other activities likeSeminar/
Workshops, etc,/Regional Round
Table only/Regional Council Meetings
One
0.25
15,000
15,000
-
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